Legal Opinion
IN RE WAYFAIR INC. SECURITIES LITIGATION
District Court, D. Massachusetts
Decided July 8, 2020No. 1:19-cv-10062Unknown
1Opinion
FOR THE DISTRICT OF MASSACHUSETTS In re WAYFAIR, INC. Securities ) Litigation ) ) Civil Action No. ) 19-10062-DPW ) ) This Document Relates To: ) ALL ACTIONS ) MEMORANDUM AND ORDER July 8, 2020 After Wayfair, Inc., an online home goods retailer, missed its quarterly financial projection by .002% one quarter, several individuals who say they consequently lost money in the stock market initiated the two lawsuits I have consolidated before me. This putative class action litigation is brought against Wayfair and its three most senior officers, all of whom also serve as directors, to recover those…
2Cases cited27 opinions
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
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